PPP Loan information for Alr electric inc

$25,877

Alr electric inc was initially approved for PPP Loan of amount $25,877, the current approved amount is $25,877. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $25,877 was used to fund payroll.

Alr electric inc is New Business or 2 years or less

PPP Loan Search / NJ / EGG HARBOR TOWNSHIP / Alr electric inc

ALR ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ALR ELECTRIC INC

Borrower Address

34 EQUESTRIAN RD

Borrower City

EGG HARBOR TOWNSHIP

Borrower State

NJ

Borrower Zip

08234-8005

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25877.00

Current Approval Amount

25877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

EGG HARBOR TOWNSHIP

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08234-8005

CD

NJ-02

Jobs Reported

7

NAICS Code

221118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25877.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26088.98

Forgiveness Date

02/25/2021

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